Title: What if... Post by: solitude on November 09, 2014, 02:02:10 AM What if my cold storage laptop dies or gets stolen? How do I spend my bitcoins?
Is the only way to make a fresh install using my paper wallet? Title: Re: What if... Post by: solitude on November 09, 2014, 02:18:09 AM As long as I have two lines of four letter "words" backed up somewhere, I'll always have access to my bitcoins?
https://i.imgur.com/DLM98vN.jpg Title: Re: What if... Post by: vm89 on November 09, 2014, 02:20:23 AM What if my cold storage laptop dies or gets stolen? How do I spend my bitcoins? Is the only way to make a fresh install using my paper wallet? I think paper wallet would work better than a cold storage laptop. Just don't throw your jacket in the washing machine without checking if there's a piece of paper inside! Title: Re: What if... Post by: solitude on November 09, 2014, 02:22:31 AM What if my cold storage laptop dies or gets stolen? How do I spend my bitcoins? Is the only way to make a fresh install using my paper wallet? I think paper wallet would work better than a cold storage laptop. Just don't throw your jacket in the washing machine without checking if there's a piece of paper inside! That's also what I have. From what I've read, you'd me a moron to not have a paper wallet backup WITH a cold storage laptop Title: Re: What if... Post by: solitude on November 09, 2014, 02:24:45 AM I'm trying to think where in my house I should store my paper backup
Title: Re: What if... Post by: vm89 on November 09, 2014, 02:25:50 AM I'm trying to think where in my house I should store my paper backup Under your pillow? Title: Re: What if... Post by: solitude on November 09, 2014, 02:32:43 AM I think I can get used to being my own bank. Sure beats trusting Chaim Goldsteinberg with my money.
Title: Re: What if... Post by: doug_armory on November 09, 2014, 07:32:24 PM I'm trying to think where in my house I should store my paper backup You can do an m-of-n paper wallet and split the pieces across multiple locations (e.g., two at home, one in a safety deposit box, one with Mom, one with a trusted friend, etc.). |